Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Sales Amount Sales $144,eee 57,60e 1eex Variable expenses 40% Contribution margin 86,40e 60% Fixed expenses 15,eee Net operating income 71,40e Required: 1. What Is the company's degree of operating leverage? 2 UsIng the degree of operating leverage, estimate the Impact on net operating Income of a 26% Increase In sales. 3. Construct a new contribution format income statement for the company assuming a 26% Increase in sales. Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 1 What is the company's degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage